ConnectBiz Team 
The highest number of 11.81 crore e-way bills were released in January. Combat and Services Tax Network (GSTN) according to the portal In January, the e-way bill increased by 23.1 percent on an annual basis. The e-way bill or electronic permit is for the movement of goods in a state or two states for trade. … Read more
The real estate industry hopes that residential demand will be strengthened by decreasing the repo rate of Reserve Bank of India (RBI) to 6.25 percent. Its effect will be especially in the mid-hidden segment i.e. the middle-residential section. Real estate companies are expecting the amended income tax slab in the Union Budget and the announcement … Read more
Giving necessary relief to banks regarding imminent implementation of the proposed liquidity coverage ratio (LCR) guidelines, Governor Sanjay Malhotra said on Friday that these rules will not be applicable before 31 March, 2026. The LCR guidelines were to be implemented from 1 April. The purpose of extending this time-limit is the Reserve Bank of India … Read more
Due to the need for additional hardware, the new criteria of emission ‘OBD 2 Phase B’ will increase the prices of two -wheelers in the country by one to two percent. Vikram Kasbekar, Executive Director (Operations) of Hero MotoCorp, gave this information today. The criteria of OBD 2 phase B (on-board diagnostics 2 phase B) … Read more
Market regulator SEBI has proposed to make the investment rules of Category-2 Alternative Investment Fund (AIF) easier to facilitate investment in loans with A credit rating or below rating. This step is being taken in view of the low investment occasions in unacceptable loan securities. The reason for this is the recent Listing Observation and … Read more
The Kerala government today increased the lump sum tax on a private EV worth more than Rs 15 lakh to take advantage of the growing sales of electric vehicles (EVs) in the state. People of the industry believe that this move of the government may affect the rapidly growing EV sales and penetration in the … Read more
The renowned information technology company Infosys has shown the way out to its 350 employees. Those who know about the case said that after receiving the offer letter, these employees, who have been waiting for about two and a half years, were taken to the company in October last year. At that time around 1,000 … Read more
Reserve Bank of India (RBI) The 6 -member monetary policy committee, in view of inflation decrease and softening in growth rate, today reduced the repo rate by 25 basis points to 6.25 per cent. This is expected to reduce interest rates. The interest rate has been cut for the first time after about 5 years. … Read more
Mahindra & Mahindra (M&M) recorded a 20 percent increase in the joint tax benefit (PAT) during the third quarter of FY 25 and increased to Rs 3,181 crore. This increase was increased due to the strong data of vehicle and agricultural category. This category sales increased by 16 percent during the quarter. The company registered … Read more
Market regulator SEBI has ordered to return illegal earnings of about Rs 54 crore to Asmita Patel Global School of Trading and five others. The step has been taken after the allegations that these units were running the investment advisor and research analyst business without registration. According to the showing cause notice cum interim order, … Read more